This property might be a fair Airbnb investment with a projected 4.13% first-year return on $52,650 initial cash invested.
4.13%
Cash On Cash
8.74%
Cap Rate
1.3
DSCR
$2,455
Rent
$181
Cashflow
Cash Flow
$2,455 income − $2,274 expenses = $181 cash flow
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$2,455
Total Expenses
$2,274
Mortgage P&I
38%
$923
Property Taxes
5%
$115
Home Insurance
2%
$58
HOA
0%
$0
Property Management
15%
$368
CapEx
4%
$98
Vacancy
0%
$0
Maintenance
4%
$98
Other
25%
$614